Model Development Lead (HYBRID)

Charlotte, VT - USA

Monthly Salary: $ 125000 - 155000

Posted on: 2 hours ago

Vacancies: 1 Vacancy

Job Summary

What You Will Bring

Required Qualifications:

Bachelors degree in Mathematics Statistics and/or Actuarial Science
ASA Designation
10 years of professional work experience in actuarial or related analytical roles
5 years of experience building and improving actuarial models (Moodys AXIS preferred)
Understand the core rationale for use of life products and understanding of profitability patterns
Ability to interpret results identify drivers of impacts and problem solve solutions

Preferred Qualifications:

FSA Designation
Results oriented accountable for performance and motivated to take ownership of projects
Capacity and eagerness to challenge and influence in a highly collaborative way

Skills

Accuracy and Attention to Detail:Understanding the necessity and value of accuracy; ability to complete tasks with high levels of precision.

Communicating Complex Concepts:Knowledge of effective presentation tools and techniques to ensure clear understanding; ability to use summarization and simplification techniques to explain complex technical concepts in simple clear language appropriate to the audience.

Problem Solving:Knowledge of approaches tools techniques for recognizing anticipating and resolving organizational operational or process problems; ability to apply knowledge of problem solving appropriately to diverse situations.

Statistics and Actuarial Modeling:Knowledge of statistical and actuarial modeling tools and techniques; ability to apply modeling processes and techniques to facilitate risk management decisions.

Adapts and Learns - Actively learning and adapting through experimentation when tackling new problems and situations using both successes and failures to develop and learn

About Equitable

At Equitable were a team committed to helping our clients secure their financial well-being so that they can pursue long and fulfilling lives.

We turn challenges into opportunities by thinking working and leading differently where everyone is a leader. We encourage every employee toleveragetheir unique talents to become a force for good at Equitable and in their local communities.

We are continuously investing in our people by offering growth internal mobility comprehensive compensation and benefits to support overall well-being flexibility and a culture of collaboration and teamwork.

We are looking for talented dedicated purposeful people who want to make an impact. Join Equitable and pursue a career with Careers at Equitable to learn more.

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Equitable is committed to providing equal employment opportunities to our employees applicants and candidates based on individual qualifications without regard to race color religion gender gender identity and expression age national origin mental or physical disabilities sexual orientation veteran status genetic information or any other class protected by federal state and local laws.

NOTE: Equitableparticipatesin the E-Verify program.

If reasonable accommodation is needed to participate in the job application or interview process or to perform the essential job functions of this position please contact Human Resources at or email us at .

About the Role

At Equitable we help clients secure their financial well-being so they can pursue long and fulfilling lives - a missionwevehoned since 1859.

Equitable is looking for a Model Development Lead to support the timely and controlled development of the Life cash flow projection models. This role will be reporting into the Head of Life Modeling.

What Youll Be Doing

Partner closely with Valuation Assumptions Accounting Policy Pricing and Risk Management teams in the development of sustainable Life projection models compliant with emerging accounting and regulatory frameworks
Implement processes infrastructure and controls to ensure accurate and timely delivery of Life projection models and results
Examples of model development work include but are not limited to:
- US GAAP including LDTI
- Life Statutory (including PBR) and Capital
- Economic Valuation and Economic Capital
- Implementing quantifying and reviewing assumption and model updates
- Finance Modernization initiatives to improve processes controls and analytics
Ensure compliance with company model architecture standards and change management governance processes

This position offers a hybrid work schedule with an onsite presence of 23 days per week combining flexibility with team collaboration.

The base salary range for this position is$125000 - $155000. Actual base salaries vary based on skills experience and geographical addition to base pay Equitable provides compensation to reward performance with base salary increases spot bonuses and short-term incentive compensation opportunities. Eligibility for these programs depends on level and functional area of responsibility.

For eligible employees Equitableprovidesa full range of benefits. This includes medical dental vision a 401(k) plan and paid time off. For detailed descriptions of these benefits pleasereferencethe link below.

Equitable Pay and Benefits: Equitable Total Rewards Program

What You Will BringRequired Qualifications:Bachelors degree in Mathematics Statistics and/or Actuarial ScienceASA Designation10 years of professional work experience in actuarial or related analytical roles5 years of experience building and improving actuarial models (Moodys AXIS preferred)Understan...